Golden Ocean Group Limite... (GOGL)
Golden Ocean Statistics
Share Statistics
Golden Ocean has 199.4M shares outstanding. The number of shares has increased by -0.31% in one year.
| Shares Outstanding | 199.4M |
| Shares Change (YoY) | -0.31% |
| Shares Change (QoQ) | -0.31% |
| Owned by Institutions (%) | 31.27% |
| Shares Floating | 109.17M |
| Failed to Deliver (FTD) Shares | 3.56K |
| FTD / Avg. Volume | 0.1% |
Short Selling Information
The latest short interest is 4.49M, so 2.25% of the outstanding shares have been sold short.
| Short Interest | 4.49M |
| Short % of Shares Out | 2.25% |
| Short % of Float | 3.77% |
| Short Ratio (days to cover) | 3.33 |
Valuation Ratios
The PE ratio is 8.02 and the forward PE ratio is 8.45. Golden Ocean's PEG ratio is 0.08.
| PE Ratio | 8.02 |
| Forward PE | 8.45 |
| PS Ratio | 1.85 |
| Forward PS | 0.8 |
| PB Ratio | 0.94 |
| P/FCF Ratio | 6.79 |
| PEG Ratio | 0.08 |
Enterprise Valuation
Golden Ocean has an Enterprise Value (EV) of 3.04B.
| EV / Sales | 3.14 |
| EV / EBITDA | 7.03 |
| EV / EBIT | 8.33 |
| EV / FCF | 11.53 |
Financial Position
The company has a current ratio of 1.22, with a Debt / Equity ratio of 0.73.
| Current Ratio | 1.22 |
| Quick Ratio | 1.22 |
| Debt / Equity | 0.73 |
| Debt / EBITDA | 3.19 |
| Debt / FCF | 5.23 |
| Interest Coverage | 3.1 |
Financial Efficiency
Return on Equity is 11.75% and Return on Invested Capital is 9.56%.
| Return on Equity | 11.75% |
| Return on Assets | 6.61% |
| Return on Invested Capital | 9.56% |
| Revenue Per Employee | $22.01M |
| Profits Per Employee | $5.07M |
| Employee Count | 44 |
| Asset Turnover | 0.29 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 548K |
| Effective Tax Rate | 0.24% |
Stock Price Statistics
The stock price has increased by -36.18% in the last 52 weeks. The beta is 1.19, so Golden Ocean's price volatility has been higher than the market average.
| Beta | 1.19 |
| 52-Week Price Change | -36.18% |
| 50-Day Moving Average | 8.81 |
| 200-Day Moving Average | 10.84 |
| Relative Strength Index (RSI) | 50.38 |
| Average Volume (20 Days) | 3.48M |
Income Statement
In the last 12 months, Golden Ocean had revenue of 968.42M and earned 223.21M in profits. Earnings per share was 1.12.
| Revenue | 968.42M |
| Gross Profit | 458.84M |
| Operating Income | 314.34M |
| Net Income | 223.21M |
| EBITDA | 432.84M |
| EBIT | 292.91M |
| Earnings Per Share (EPS) | 1.12 |
Balance Sheet
The company has 129.11M in cash and 1.38B in debt, giving a net cash position of -1.25B.
| Cash & Cash Equivalents | 129.11M |
| Total Debt | 1.38B |
| Net Cash | -1.25B |
| Retained Earnings | 320.85M |
| Total Assets | 3.38B |
| Working Capital | 52.15M |
Cash Flow
In the last 12 months, operating cash flow was 365.3M and capital expenditures -101.45M, giving a free cash flow of 263.85M.
| Operating Cash Flow | 365.3M |
| Capital Expenditures | -101.45M |
| Free Cash Flow | 263.85M |
| FCF Per Share | 1.32 |
Margins
Gross margin is 47.38%, with operating and profit margins of 32.46% and 23.05%.
| Gross Margin | 47.38% |
| Operating Margin | 32.46% |
| Pretax Margin | 23.11% |
| Profit Margin | 23.05% |
| EBITDA Margin | 44.7% |
| EBIT Margin | 32.46% |
| FCF Margin | 27.25% |
Dividends & Yields
GOGL pays an annual dividend of $1.35, which amounts to a dividend yield of 13.5%.
| Dividend Per Share | $1.35 |
| Dividend Yield | 13.5% |
| Dividend Growth (YoY) | -50% |
| Payout Ratio | 120.54% |
| Earnings Yield | 12.46% |
| FCF Yield | 14.73% |
Analyst Forecast
The average price target for GOGL is $11.25, which is 34.2% higher than the current price. The consensus rating is "Hold".
| Price Target | $11.25 |
| Price Target Difference | 34.2% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Aug 1, 2016. It was a backward split with a ratio of 1:5.
| Last Split Date | Aug 1, 2016 |
| Split Type | backward |
| Split Ratio | 1:5 |
Scores
| Altman Z-Score | 1.36 |
| Piotroski F-Score | 8 |